Analysis context
USDS · SparkLend · Ethereum
You arrived with this market from the DeFi Navigator. The method below is unchanged and general; it describes what to ask — not how this market fares.
Open market detail & evidenceBack to the NavigatorApply the metrics framework to this market
Dimension 8
Governance
Who decides, at what quorum, and how concentrated is voting power?
Guiding questions
- How many addresses suffice for a majority?
- Do emergency powers exist, and who exercises them?
- How long is the path from proposal to effect?
What the data can answer here
This platform collects no governance data. The sources are the protocol's governance forums and on-chain votes.
Limit
A formally decentralized process can be decided in practice by a handful of addresses; the charter says nothing about that.
Institutional questions
- Bank
- Is there an identifiable counterparty, or only a process?
- Insurance
- Would a governance decision be an insured event?
- Asset management
- Should voting power be exercised actively?
- Advisory
- Who can change the rules the client invested under?